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usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he was 78 years old. as we know more we'll bring it to you. >>> lisa jackson announce shed is stepping down. why the prompt departure and could this be new initiatives like the keystone pipeline and might we get worse than she is? is this possible? chris warner, author of the new book "liberal war on transparency." you discovered she was using a secret e-mail as well. that's why you know a lot about her. why is she leaving? >> we revealed that she had a fake identity and it immediately became a question of when, not if, but last week the department of justice agree to begin producing 12,000 richard windsor, that's her alias or one of them i'm told by someone on the inside e-mail beings on epa regard on co
usaa. we know what it means to serve. this is how mommy learned... ...and now... you! [ giggles ] ♪ the one and only, cheerios >>> breaking news now. the associated press reporting that retired general norman schwarzkopf one of the heroes of the first gulf war has died in tampa, florida. he was 78 years old. as we know more we'll bring it to you. >>> lisa jackson announce shed is stepping down. why the prompt departure and could this be new initiatives like the keystone...
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Dec 27, 2012
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usaa. we know what it means to serve. >>> fiscal cliff fears pushing stocks lower but we're well off those lows right now and news that the house will reconvene on sunday evening at 6:30 p.m. eastern time. let's get to seemor, modi with more on this. >> hi, mandy, off of our lows, but today a risk-off approach to trading. that's a strategy being used as wall street is waiting by for the latest on the fiscal cliff negotiations. interestingly enough when you look at the year-to-date performance of the major indices, the nasdaq is the outperformer, however. for q4, just this last quarter, the nasdaq is the worst performing major index. some is down about half a percent today. lastly, one of the bright spots in the online travel space that i want to point your attention to, expedia.com. no major news hepthelping lift the stock. however, traders telling me that technically the stock looks strong. even on twitter you'll see that there are a lot of traders tweeting about this stock, up about 3 pre
usaa. we know what it means to serve. >>> fiscal cliff fears pushing stocks lower but we're well off those lows right now and news that the house will reconvene on sunday evening at 6:30 p.m. eastern time. let's get to seemor, modi with more on this. >> hi, mandy, off of our lows, but today a risk-off approach to trading. that's a strategy being used as wall street is waiting by for the latest on the fiscal cliff negotiations. interestingly enough when you look at the...
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usaa. we know what it means to serve. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> very much a tale of two markets. sharp selloff in the markets all to see it wiped away in the following hour of trading finding out that the house reconvenience on sunday meaning. mary thompson is at the big doi. the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, material
usaa. we know what it means to serve. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app....
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usaa. we know what it means to serve. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back. delta shares are soaring up more than 40% this year. can the stock keep flying high? time for a friendly trader debate. maybe not so much. doc, where's the stock going? >> the stock's going higher. no more about romance and having fin when you fly. we all know that. i do it everyday. it's not a romantic thing. they're makeing $230 million a quarter on baggage fees and getting rid of regional jets that only hold 50 people and going to the 787s and crude oil is stable, not going up anymore. that works in their favor. >> pretty good bull case. what's he missing? >> agree old stable but stable over $90. that's a drag. what we failed to discuss we discussed the first half of the show. oil is up 25% the last ten weeks alone. to me, it's extended. i think what you have to see in the industry for them to continu
usaa. we know what it means to serve. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> welcome back. delta shares are soaring up more than 40% this year. can the stock keep flying high? time for a friendly trader debate. maybe not so much. doc, where's the stock going? >> the stock's going higher. no more about romance and having fin when you fly. we all know...
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usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. breaking news now from the asian markets. japan's nikkei rising to its highest level since march of 2011. 21-month high. hope for actions from the central bank there. year-end bonus for big labor. national labor relations board stripped more protection for workers that don't want their monday wrip spent on politics. you don't knowones are yielding huge power in another way as the clock is ticking on the threatened strike that could shut down every port from maine to the texas gulf coast. once again, unions versus capitalism. here now is vincent, director of labor policy. good to have you here, vincent. >> thanks important having me on. >> so -- do i understand this correctly? if you are in a state that doesn't have right-to-work laws, you join a company
usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. breaking news now from the asian markets. japan's nikkei rising to its highest level since march of 2011. 21-month high. hope for actions from the central bank there. year-end bonus for big...
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usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> geeld prices closing now. bertha coombs, any re
usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [...
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Dec 27, 2012
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usaa. we know what it means to serve. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> the markets are seeing a spike. mary, it really feels as though people are getting spooked about this fiscal cliff deal. >> many people, mandy, are saying it's about time they did. the dow is hovering 10 points above. all three of the major indices in the red. financials and tech stock. the stalem
usaa. we know what it means to serve. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only...
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usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> as we all know the clock is ticking. u.s. debt clock continues to tick as the fiscal cliff clock ticks down and the debt clock is going up as we get closer to the deadline. aetna's ceo has been outspoken on the potential dire consequences, even to his own company, if we go over the cliff, so where does he stand today with less than six days to go? >> joining us in an exclusive interview on cnbc is chairman and ceo of aetna. great to have you on the show. >> great to be here, thanks. >> back in november you threatened either a hiring freeze or maybe the layoffs if a fiscal cliff deal was not reached. still no deal as we stand. only a few days to go. are you actually planning a hiring freeze or layoffs? >> i think every business man plans the fall part
usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> as we all know the clock is ticking. u.s. debt clock continues to tick as the fiscal cliff clock ticks down and the debt clock is going up as we get closer to the deadline....
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usaa. we know what it means to serve. >>> well, we have just wrapped up the worst five-day run for the three major averages in six weeks on perceived lack of action and lack of progress from the white house. let's get back to eamon javers who is in front of the white house, and i believe you have a little bit more information us about the fiscal cliff meeting that just broke up between the president and congressional leaders and that there were some disappointed reporters, yourself included, that they didn't speak to you. >> reporter: that's right, mabdy. we always want that exclusive interview or even a non-exclusive interview, but a little bit more information here. the white house is telling -- the white house press pool was told the meeting ended at 4:15 p.m. so that puts the meeting at just over an hour all told, and i'm told that we just saw senator mcconnell, the republican leader in the senate leaving the white house here, so that gives us three out of the four congressional leaders
usaa. we know what it means to serve. >>> well, we have just wrapped up the worst five-day run for the three major averages in six weeks on perceived lack of action and lack of progress from the white house. let's get back to eamon javers who is in front of the white house, and i believe you have a little bit more information us about the fiscal cliff meeting that just broke up between the president and congressional leaders and that there were some disappointed reporters, yourself...
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usaa. we know what it means to serve. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to the senate leaders and without any resolution, many people are scrambling to shore up their finances. hampton pearson has the fiscal cliff frenzy. hampton. >>? >> you got it, michelle. we're operating in an environment where, quote, uncertainty is the new normal. this is the equivalent of the last-minute christmas shopping to protect assets of going over the fiscal cliff, planners and wealth managers say it's been a banner year especially for estate planning and here's a couple of reason yes. there's a big ch
usaa. we know what it means to serve. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >> once again, our developing story tonight, no deal still on the fiscal cliff. president obama handing the matter over to...
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usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> it is the hottest story online right now. it is sensitive but it goes something like this. are people more likely to pull the plug on rich relatives to avoid higher estate taxes? john is with us. john, you're not saying, i think, that people should accelerate the passing of their relatives -- >> no. >> -- or are you saying that? >> no. what we've seen in the past when inheritance taxes have gone up in the united states and abroad is that there is a little what the economists call death elasticity. what that means is that people are able to shift when people are going to die by a few days or maybe a few weeks. we're not talking about six months, somebody who's not even sick passing away now. we're talking about a day or two shifting. if somebody was g
usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> it is the hottest story online right now. it is sensitive but it goes something like this. are people more likely to pull the plug on rich relatives to avoid higher estate taxes?...
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usaa. we know what it means to serve. >>>ibler national longshoreman's association and the u.s. maritime alliance are going back to the negotiation table to in an attempt that could close 15 ports from massachusetts to texas. 4500 work lines, the east coast could walk off the job on december 30th if no agreement was reached. the last time there was a strike like this was 1977 and did, by some estimates, cost $1 billion a day. this could have a huge impact. >> the president has some emergency powers that he could use. >> yes. >> to bring the two sides together, if he so chose, but we are talking boston, new york, new jersey, baltimore, charleston, miami, houston, i mean, these are -- >> these are big things here. what's interesting about it i just begun to understand a little bit about this port strikes the workers were getting royalty payments they first got 50 years ago when those big containers started coming over in u.s. ports that is the fight, should we get paid because the containers
usaa. we know what it means to serve. >>>ibler national longshoreman's association and the u.s. maritime alliance are going back to the negotiation table to in an attempt that could close 15 ports from massachusetts to texas. 4500 work lines, the east coast could walk off the job on december 30th if no agreement was reached. the last time there was a strike like this was 1977 and did, by some estimates, cost $1 billion a day. this could have a huge impact. >> the president has...
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usaa. we know what it means to serve. >>> instagram users may have made good on their threat to dump the photo sharing app after the controversy over new privacy rules, according to app data in the "new york post." app data says that instagram may have shed almost 25% of its daily active users as a result of the debacle. facebook bought instagram for $1 billion earlier this year. don't know if that's going to pay off at all. >> i've had some discussions about this morning, dennis, i have a hard time believing they would lose that much -- >> me too. >> why? >> in the end, facebook and instagr instagram, they were treated on their new rules. so i think 25% for a huge install base just seems a bit -- >> you're talking going from $16.4 million, i think to $12 million, basically. >> what's interesting about what's going on in the tech space, an app like snap chat, which are these disposable videos which are great for teens who want to relate to each other via video. >> said the new father. >> it
usaa. we know what it means to serve. >>> instagram users may have made good on their threat to dump the photo sharing app after the controversy over new privacy rules, according to app data in the "new york post." app data says that instagram may have shed almost 25% of its daily active users as a result of the debacle. facebook bought instagram for $1 billion earlier this year. don't know if that's going to pay off at all. >> i've had some discussions about this...